Mobile Menu

Credit Unions in Manitoba

Author.Name IBISWorld Canada Last Updated: March 2025 NAICS MB52213CA

Credit Unions in Manitoba industry analysis

Revenue for the Credit Unions industry in Manitoba is expected to grow an annualized x.x% to $x.x billion over the five years to 2025, while revenue for the national industry will likely grow at x.x% during the same period. The number of industry establishments has increased an annualized x.x% to xxx locations over the past five years. Industry employment has increased an annualized x.x% to x,xxx workers during the period, while industry wages have increased an annualized x% to $x.x million.

Over the five years to 2030, provincial industry revenue is expected to grow an annualized x.x% to $x.x billion, while revenue for the national industry will likely grow x.x%. The number of industry establishments is forecast to grow x.x% to xxx locations over the next five years. Industry employment is expected to increase an annualized x.x% to x,xxx workers during the outlook period, while industry wages likely increase x% to $x.x million.

Unbiased research for even more industries at your fingertips

  • 5000+Industries covered
  • 100+Local analysts
  • 250k+Hours of detailed analysis
  • 100k+Subscriber community

Purchase a membership to access this industry and so much more.

Complementors

  • There are no industries to display.

View All

About the Credit Unions in Manitoba Market Research Report

What’s Included in the Credit Unions in Manitoba Market Research Report

Definition of the Credit Unions in Manitoba?

The Credit Unions industry in Canada consists of financial institutions known as credit unions or caisses populaires. These institutions are member owned and provide banking services, mainly deposit taking and lending, to these same members.

What’s included in the Credit Unions in Manitoba?

The Credit Unions in Manitoba includes accepting members' share deposits and offering members consumer loans. Related terms covered in the Credit Unions in Manitoba industry report includes a loan financing the purchase of real estate with specified payment periods and a fixed or variable interest rate, a member-owned financial institution similar to a credit union, an amount set aside as an allowance for bad debts, which are debts where the customer defaults or where the terms of the loan need to be renegotiated, the social connection among the members of credit unions and cooperative banks, reducing debt levels, issues of economic inequality. some examples are those that are below the low-income cutoff, receive government payments, are unemployed and single-parent families and populations that structurally need a greater deal of social or economic support. some examples are seniors, children and those that are no longer in the workforce.

Industry Performance of the Credit Unions industry in Manitoba

Benchmark the Credit Unions in Manitoba industry performance with all MB Census Metropolitan Area and national performance.

Credit Unions in Manitoba

#6 in Highest Revenue 7.2% of province's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Credit Unions in Canada


Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

For the full list of industry drivers, see report purchase options.

Key Drivers of the Credit Unions industry in Manitoba

See how key industry drivers, such as median houshold income, private investment in non-residential construction, gross domestic product, overnight rate, housing starts and new vehicle sales are impacting Credit Unions in Manitoba

Manitoba Economic Indicators

Median Houshold Income
Private Investment in Non-Residential Construction
Gross Domestic Product

View more economic information in MB State Economic profile

Canada Key External Drivers

Overnight rate
Housing starts
New vehicle sales

For the full list of industry drivers, see report purchase options.

Census Metropolitan Area Data of the Credit Unions industry in Manitoba

Access proprietary data on Census Metropolitan Area in the Credit Unions in Manitoba, such as Winnipeg, Brandon and Winkler. Data includes figures on revenue, establishments, employees and wages by Census Metropolitan Areas.

Key Statistics of the Credit Unions industry in Manitoba

Download 18 years of historical data and 5 years of projected performance.

Need a deeper insight
Get a free tour

Free Tour

Top Questions Answered in this Report

Unlock comprehensive answers and precise data upon purchase. View purchase options.

What is the market size of the Credit Unions industry in Manitoba in 2025?

The market size of the Credit Unions industry in Manitoba is $2.1bn in 2025.

How many businesses are there in the Credit Unions industry in Manitoba in 2025?

There are 123 businesses in the Credit Unions industry in Manitoba, which has been growing at an average annual rate of 2.3% from 2020 to 2025.

Has the Credit Unions industry in Manitoba grown or declined over the past 5 years?

The market size of the Credit Unions industry in Manitoba has been growing at an average annual rate of 5.4% from 2020 to 2025.

How many employees in the Credit Unions industry in Manitoba in 2025?

There are 4,166 employees in the Credit Unions industry in Manitoba, which has been growing at an average annual rate of 4.5% from 2020 to 2025.